S. 657 · 118th Congress
Neighborhood Homes Investment Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CardinSponsor16 cosponsors · 8 D, 8 R
D
Brown
JM
R
Moran
RW
D
Wyden
TY
R
Young
SC
R
Capito
CC
D
Coons
CC
D
Cortez Masto
KC
R
Cramer
LG
R
Graham
MW
D
Warner
RD
D
Durbin
CH
R
Hyde-Smith
TK
D
Kaine
RM
R
Marshall
TB
D
Baldwin
TS
R
Scott4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill allows a business-related tax credit for certain development costs for the acquisition, rehabilitation, or remediation of qualified real property (i.e., real property affixed on a permanent foundation and comprised of four or fewer residential units, a condominium unit, or a house or apartment owned by a cooperative housing corporation).
What it does: CRS summary · Introduced in Senate · Mar 6, 2023
Neighborhood Homes Investment Act
This bill allows a business-related tax credit for certain development costs for the acquisition, rehabilitation, or remediation of qualified real property (i.e., real property affixed on a permanent foundation and comprised of four or fewer residential units, a condominium unit, or a house or apartment owned by a cooperative housing corporation).
The bill also provides for the exclusion from gross income, for income tax purposes, of the value of any subsidy provided to a taxpayer by any state energy office for purposes of improvements made to a qualified residence.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Neighborhood Homes Investment Act
Latest action (Apr 16, 2024): Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
Policy area: Taxation · Origin: Senate · Introduced: Mar 6, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.